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Xtra-Gold Resources Corp.
Summary
| Project: | Kibi | |
|---|---|---|
| Deposit: | South Ridge | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 2/26/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-2-2020: Xtra-Gold Resources Corp. announces an Exploration/Drilling Update report for its South Ridge deposit at the Kibi project. Drilling results incl. 45.1m @ 1.51g/t Au from 32m. Toronto, Ontario--(Newsfile Corp. - February 26, 2020) - Xtra-Gold Re | |
| Resources: | (Resources): 3.38Mt @ 2.56g/t Au (Ind.) and 2.35Mt @ 1.94g/t Au (Inf.) | |
| CP/QP: | [Overall Report]: Yves P. Clement (Internal) | |
| ABSTRACT: | Toronto, Ontario--(Newsfile Corp. - February 26, 2020) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF), ("XtraGold" or the "Company") is pleased to announce positive results for initial phase of an ongoing drill program designed to generate new resource expansion targets within the Zone 2 - Zone 3 maiden mineral resource footprint area, on the Company's wholly-owned Kibi Gold Project, located in the Kibi - Winneba greenstone belt (the "Kibi Gold Belt"), inGhana, West Africa. A total of 16 diamond core boreholes totaling 1,643 metres were completed by the Company's in-house drilling crew on an intermittent basis from September 2019 to January 2020. The drill program is designed to follow up on early stage gold shoots / showings discovered by previous drilling / trenching efforts and to test prospective litho-structural gold settings identified by recently completed 3D geological modelling. Highlights of today's drill results are as follows and complete auriferous intercepts are listed in Table 1 below: - 49 metres grading 1.1 grams per tonne ("g/t") gold, including 1.42 g/t gold over 31.6 metres and 45.1 metres grading 1.51 g/t gold, including 2.24 g/t gold over 26.4 metres from down-hole depths of 47 metres and 32 metres in #KBDD19304 | |
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